Photo provided by the Government of Hong Kong
Rows of cranes line the container terminals in Kwai Tsing, Hong Kong.
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As business leaders try to increase trade and economic ties between Miami and Asia, it’s not surprising that PortMiami PortMiami Latest from The Business Journals Port dredging is a hot topic in D.C. PortMiami still expects timely completion of dredging Disney Wonder is latest coup for PortMiami Follow this company Director Bill Johnson this week went to meet with seaport and tourism officials in Shanghai and Hong Kong.
He said they will discuss trade partnerships, infrastructure and cruise operations, among other topics. Johnson also plans to meet with officials from China Shipping and the company manufacturing four post-Panamax gantry cranes totaling $40 million for the port, he said.
PortMiami is a sister port to the Port of Shanghai, and was set to sign a sister port agreement with the Port of Kaohsiung in Taiwan on Feb. 17.
Johnson’s trip follows the Feb. 9 visit of Donald Tong , Hong Kong trade and economic affairs commissioner, who held a reception for business leaders in Miami.
“What we like to do is to reinforce the trade and economic ties between Miami and Hong Kong,” he said, since both cities are gateways: Miami to Latin America and Hong Kong to Asia.
Charlotte Gallogly , president of the World Trade Center Miami World Trade Center Miami Latest from The Business Journals How do you want Miami-Dade to develop? International trade engines rev up at South Florida’s ports Lighting the way to business success Follow this company , met with Tong to discuss a Hong Kong logistics mission, possibly in 2013, to acquaint the trade community with opportunities in Miami, she said.
“We do see the prospect of Miami as a hub for Latin America, and this is the key message that I’m bringing back to Hong Kong colleagues,” Tong said.
In 2011, the Miami Customs District, which stretches from the Florida Keys to Port St. Lucie, exported $447 million in commodities to Hong Kong, up from $277 million in 2010, according to WorldCity’s analysis of U.S. Census Bureau U.S. Census Bureau Latest from The Business Journals Portland family poverty rate at 8.3% More than 14% of Memphis families live in poverty Fewer Jacksonville families below poverty level than national average Follow this company data. Hong Kong imports declined to $124.5 million from $132 million in 2010.
Nonetheless, trade between the regions is growing. In December, Hong Kong-based Cathay Pacific Airways Ltd. expanded cargo flights to Miami International Airport Miami International Airport Latest from The Business Journals Villa Enterprises brings a bit of South Philly to South Florida Dolara retiring as AA's leader in Miami Miami's airport growing fastest among U.S. top 20 Follow this company to about six weekly flights from three.